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To: GraceZ who wrote (8345)1/22/2003 3:46:52 PM
From: fattyRead Replies (1) | Respond to of 306849
 
>Do you mean to say that if we switch to a flat tax that wages would come down to reflect the same after tax income we get now?

I think so. But a flat tax rate would be seen as more fair and definitely simpler.



To: GraceZ who wrote (8345)1/23/2003 8:40:30 PM
From: Jim McMannisRespond to of 306849
 
RE:"We're in no danger of adopting a flat tax even though it's a far better solution then what we have now, especially if you exempt say the first 15-20k. The reason is that it wouldn't give these government types any leverage to provide breaks to this group or that."

And the PAC money would have no place to go.
Never happen under the current structure, flat tax that is.


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